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Circuit City Bust

Discussion in 'Off-Topic Discussion' started by carolinyens, Jan 19, 2009.

  1. Jan 19, 2009 at 5:55 PM
    #1
    carolinyens

    carolinyens [OP] Creedmoor Connections

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    So since Circuit City is goin out of business I decided to go and see what kinda deals that they had goin on. Complete Nonsense! They had actually raised their prices from what they used to be and slapped a 10% off sign on everything. When Circuit City was thriving, they had the best prices. I went to Target and bought the same DVD's for the same price and didnt have to wait in a line for 30min. This Liquidation sale thing is completely bogus. Just figured everyone needed a heads up about this so called bargain sale.
     
  2. Jan 19, 2009 at 5:57 PM
    #2
    Delmarva

    Delmarva Mayor of TW

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    Nada, Zip, Zilch, Nothing
    can't say I'm surprised...
     
  3. Jan 19, 2009 at 5:57 PM
    #3
    oldtacomaguy

    oldtacomaguy four forty four

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    Thanks for the heads up. I was thinking of looking at a TV there. Not now.
     
  4. Jan 19, 2009 at 5:58 PM
    #4
    HerNameIsLucy

    HerNameIsLucy I miss Lucy. :-(

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    RIP Lucy.
    She's gone but not forgotten.
    Visit their "revised" website: www.circuitcity.com

    I was desperate for a 4 port RS-232 board today and for giggles visited their site. Or at least tried to.
     
  5. Jan 19, 2009 at 5:59 PM
    #5
    hoosiertaco

    hoosiertaco Well-Known Member

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    Thanks man, the one here wasn't suppose to close. Now it is closing and I was thinking of checking it out. I'm out now too!
     
  6. Jan 19, 2009 at 6:02 PM
    #6
    Lentsnh

    Lentsnh Well-Known Member

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    Circuit City is kind of like Costco. Nothing is really cheaper than at walmart and target
     
  7. Jan 19, 2009 at 6:14 PM
    #7
    cvillechopper

    cvillechopper Jackass to the masses

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    Ours started closing out in early December. Just before christmas the wife and I got a great deal on a Samsung 56" DLP and we love it. Saved over $400 from what the same unit was on sale for at Best Buy. Also got some killer deals on DVD burners and discs.
     
  8. Jan 19, 2009 at 6:17 PM
    #8
    genxer36

    genxer36 Lord of Tomfoolery

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    The stores by me, raised prices on the high ticket items. But I was able to pich up some PS3 games that just came out for $40 instead of $59 everywhere else. Some DVD's were a pretty good deal.

    Tv's & PC stuf was a complete ripoff.
     
  9. Jan 19, 2009 at 6:36 PM
    #9
    SC4333

    SC4333 Well-Known Member

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    SOLD!
    I bet the Best Buy executives have one BIG smile on their faces right now.
     
  10. Jan 20, 2009 at 5:14 AM
    #10
    Simon's Mom

    Simon's Mom Wag More Bark Less

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    Stock for now
    Yeah I saw a very good chart outlining CC's receipe for bankruptcy....

    Early 2007 - Replace a technically-proficient sales force with inexperience low pay employees.
    Sep 2007 - Reports $62 million loss
    Dec 2007 - Reports $208 million loss
    Dec 2007 - Give $1 million retention bonuses out to executives
    June 2008 - Lose another $165 mill
    Sep 2008 - CEO resigns
    Sep 2008 - another triple digit loss. $208 mill
    Oct 2008 - NYSE threatens to delist stock too low
    Oct 2008 - trouble paying vendors
    Nov 2008 - Files for chapter 11 bankruptcy protection
    Nov 2008 - Closes 155 stores
    Jan 2009 - No one wants to buy this mismanaged boat anchor. Shut the doors.

    I went in ours on Sunday to look around. The sales staff was friendly & helpful despite the writing on the wall. Prices for what I was looking for was $10 to $20 more expensive than what I usually pay. Wasn't interested in big ticket items for it was all sales final & what if fails a week after buying? You are left to haggle with the manufacturer directly. Um, no thanks.
     
  11. Jan 20, 2009 at 5:18 AM
    #11
    Delmarva

    Delmarva Mayor of TW

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    Nada, Zip, Zilch, Nothing
    x2... :thumbsup:
     
  12. Jan 20, 2009 at 5:19 AM
    #12
    KMN-BLU

    KMN-BLU less work/more play

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    I never shopped at circuit shitty anyway. Maybe a lot of people thought that way thats why they are closing their doors.
     
  13. Jan 20, 2009 at 10:34 AM
    #13
    SC4333

    SC4333 Well-Known Member

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    SOLD!

    The last part would be my most concern.. Most people wont realize this when they are in the heat of the moment getting a 'deal.'


    +1 on that synopsis.
     
  14. Jan 20, 2009 at 10:45 AM
    #14
    TacticalBacon13

    TacticalBacon13 Sorry for party rockin'

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    there stores suck i went to pick up call of duty world at war it was 59.99 plus 10% off so i thought it was a good deal but didnt buy it went over to best buy and they had it for 49.99. ill wait till middle of feb when they pretty much give whatevers left away
     
  15. Jan 20, 2009 at 1:24 PM
    #15
    joedirt

    joedirt Hallow

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    I went Sunday. I was looking for a new tv for the family(joedirt's) room. The first 6 tv's I looked at were all sold out. I gave up as the prices went above 2000. I did pick up a bunch of movies and cds.
     
  16. Jan 20, 2009 at 1:40 PM
    #16
    spaghettiedy

    spaghettiedy Well-Known Member

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    The same shit was done when the CompUSA stores went under! You probably won't see the true deals for a couple weeks. Just before they close the doors.
     
  17. Jan 20, 2009 at 1:42 PM
    #17
    joedirt

    joedirt Hallow

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    When they closed the CC by me at the end of last year, I went in and bought a few things. Right before christmas I went back to see if they had anything. Nothing but shelving and crappy movies that people wouldn't pick up if they were laying in the street.
     
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